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NUS Enterprise, Salim Group open startup hub in Jakarta

NUS Enterprise, the entrepreneurial arm of the National University of Singapore, in partnership with Indonesia's Salim Group, on Friday announced the launch of BLOCK71 Jakarta.

It is a 1,500 square metre incubation space located in Kuningan, a city in south Jakarta, that will allow entrepreneurs and innovators from Singapore and Indonesia to work together and tap the combined experience and resources of NUS Enterprise and Salim Group.

Companies that are developing "innovative tech solutions with the potential to scale globally" are encouraged to set up shop in BLOCK71, said Lily Chan, chief of NUS Enterprise.

It will cost about S$80 a month to rent a desk there.

BLOCK71 Jakarta marks the fourth BLOCK71 facility globally. The other three are in Singapore (which opened in 2011), San Francisco (2015) and Suzhou.

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